151–160 of 578 posts
Earlier quoted context omitted.
Its not BTC miners fault that energy is priced incorrectly. We shouldnt waste any energy into powering the armies of the world, lets just not fight, right? But here we are.
There it is, Bitcoin only makes sense when we have world peace. It’s amazing that this is always the end state of this argument.
Earlier quoted context omitted.
Why are you handwaving away my concerns? You do realize cryptocurrencies (and to be specific, PoW ones) aren't replacing any of these so called other things that pollute. Speaking of which, can you quantify what things pollute more? At any rate, I get the feeling we are going to be talking past each other and wasting time and energy (heh) on this conversation.
> Why are you handwaving away my concerns? Calm down. > Speaking of which, can you quantify what things pollute more? You're all over the comments trying to pin the blame for CO2 emissions on the the existence of PoW cryptocurrencies. But if you stop and think about the problem for more than 5 seconds, you'll realize that it's the CO2 emissions , not cryptocurrencies, that are the problem. They were a problem before…
For all the pearl clutching about bitcoin, I find it humorous that computer games still consume more energy. [1] [1] https://bitcoinmagazine.com/business/introducing-cbei-a-new-...
Earlier quoted context omitted.
Why are you handwaving away my concerns? You do realize cryptocurrencies (and to be specific, PoW ones) aren't replacing any of these so called other things that pollute. Speaking of which, can you quantify what things pollute more? At any rate, I get the feeling we are going to be talking past each other and wasting time and energy (heh) on this conversation.
> Why are you handwaving away my concerns? Calm down. > Speaking of which, can you quantify what things pollute more? You're all over the comments trying to pin the blame for CO2 emissions on the the existence of PoW cryptocurrencies. But if you stop and think about the problem for more than 5 seconds, you'll realize that it's the CO2 emissions , not cryptocurrencies, that are the problem. They were a problem before…
Whether you realize it or not, you can want to not burn fossil fuels, but if there's a profit to be made doing it, believe me, enough miners will bend their morality to make a profit. You act like everyone involved in this experiment has pure intentions. I'd argue that's untrue.
Earlier quoted context omitted.
Why are you handwaving away my concerns? You do realize cryptocurrencies (and to be specific, PoW ones) aren't replacing any of these so called other things that pollute. Speaking of which, can you quantify what things pollute more? At any rate, I get the feeling we are going to be talking past each other and wasting time and energy (heh) on this conversation.
What's your bias? You seem to have created your HN account 8 months ago and comment almost exclusively about trying to get cryptocurrencies banned. We don't need a world with more Luddites trying to outlaw math. The future will be secured and cryptographically verified, and there's not anything you can do to stop it.
Earlier quoted context omitted.
Why are you handwaving away my concerns? You do realize cryptocurrencies (and to be specific, PoW ones) aren't replacing any of these so called other things that pollute. Speaking of which, can you quantify what things pollute more? At any rate, I get the feeling we are going to be talking past each other and wasting time and energy (heh) on this conversation.
What's your bias? You seem to have created your HN account 8 months ago and comment almost exclusively about trying to get cryptocurrencies banned. We don't need a world with more Luddites trying to outlaw math. The future will be secured and cryptographically verified, and there's not anything you can do to stop it.
And so what if my post history is mostly anti-cryptocurrency. This is a position I hold to strongly, and someone needs to give the other side so these four walls aren't filled with infinite circle jerks.
Earlier quoted context omitted.
There it is, Bitcoin only makes sense when we have world peace. It’s amazing that this is always the end state of this argument.
I dont know how can you sleep at night in good conscience while using the US Dollar, so glad theres BTC, energy consumption is its only sin.
It’s a simple equation: So long as there is more money in mining BTC than there is cost in energy to mine it, mining will proceed. No entity in the world can control the price of crypto. But, we can and already do regulate energy production. I think we need a carbon tax, that is specifically a financial disincentive towards any means of energy production that directly pollutes the atmosphere. Seriously, what are the…
People mine because it is expensive, it isn't the other way around, so the real questions we should be asking in good faith are things like "Why it is profitable in the first place?" and I think it is probably related to other questions like why have the greater financial markets become so wonky, why has the behavior of investors changed so radically (GME et al), why have politicians been unable to be effective policymakers for decades, and why many institutions, both social and political in nature, appear to have become less trustworthy in the eye of the greater public? These are some of the questions among others which I think probably provide a better understanding of what is happening than the overly simplistic 'ponzi scam' explanation that has been repeated ad nauseam since its inception.
Bitcoin is just one of many things (pretty much everything) that have been able to use energy profitably, while subsidizing the costs by externalizing them via climate change, that part isn't new. People get too caught up on bitcoin because it is new and nobody understands it (not just from a technical perspective), so it is really easy to dismiss. Singling it out in that manner seems silly.